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Property marketed by Larrondo Servicios Inmobiliarios
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BENICARLO, Urbanization Marina Parc, Sold 5th floor, semi-new with 2 double bedrooms, kitchen, bathroom, large living room, terrace with sea views, preinstallation of AA.AA., small storage room on the floor, ample parking and storage room in the same building, communal area with pool and beautiful views of the port and sea. Furniture and appliances
Property Features
- 2 bedrooms
- 1 bathroom
- 74m² Build size
- Swimming Pool
- sea view
- terrace
- air conditioning
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,500€
Final Payment of 90% on completion
130,500€
Property Purchase Expenses
Property price
145,000€
Transfer tax 10%
14,500€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.